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Biglari Holdings Class B

56 hedge funds and large institutions have $189M invested in Biglari Holdings Class B in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.75% less ownership

Funds ownership: 79.74%78.99% (-0.75%)

7% less capital invested

Capital invested by funds: $203M → $189M (-$13.5M)

11% less funds holding

Funds holding: 6356 (-7)

17% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 18

67% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 9

Holders
56
Holders Change
-7
Holders Change %
-11.11%
% of All Funds
0.96%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
15
Reduced
18
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Allspring Global Investments
26
Allspring Global Investments
North Carolina
$89K -$38.8K -310 -29%
New York State Common Retirement Fund
27
New York State Common Retirement Fund
New York
$79K +$250 +2 +0.3%
JP Morgan Chase
28
JP Morgan Chase
New York
$64K +$5.13K +41 +8%
Public Employees Retirement Association of Colorado
29
Public Employees Retirement Association of Colorado
Colorado
$46K
AIG
30
American International Group
New York
$40K +$626 +5 +1%
BNP Paribas Financial Markets
31
BNP Paribas Financial Markets
France
$39.5K +$19.2K +153 +81%
Deutsche Bank
32
Deutsche Bank
Germany
$39K -$5.13K -41 -11%
California State Teachers Retirement System (CalSTRS)
33
California State Teachers Retirement System (CalSTRS)
California
$34K -$3.01K -24 -8%
GCM
34
Gladius Capital Management
Illinois
$34K +$36.6K +292 New
Bank of America
35
Bank of America
North Carolina
$31K +$20.8K +166 +160%
TRCT
36
Tower Research Capital (TRC)
New York
$23K +$8.77K +70 +53%
Acadian Asset Management
37
Acadian Asset Management
Massachusetts
$11K -$37.2K -297 -75%
AB
38
Amalgamated Bank
New York
$11K
AIP
39
Ameritas Investment Partners
Nebraska
$9K
Legal & General Group
40
Legal & General Group
United Kingdom
$8K
Nisa Investment Advisors
41
Nisa Investment Advisors
Missouri
$8K +$7.51K +60 New
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$7K +$626 +5 +9%
LFG
43
Larson Financial Group
Missouri
$6K
Wells Fargo
44
Wells Fargo
California
$3K -$1K -8 -20%
BC
45
Bartlett & Co
Ohio
$3K
NSIM
46
North Star Investment Management
Illinois
$3K
BCWM
47
Bartlett & Co Wealth Management
Ohio
$2.89K
Citigroup
48
Citigroup
New York
$1K -$6.26K -50 -81%
CCA
49
Column Capital Advisors
Indiana
$1K -$1.63K -13 -57%
Osaic Holdings
50
Osaic Holdings
Arizona
$1K

BH Hedge Fund Activity: Q3 2022 in Review

56 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Biglari Holdings Class B (BH) for Q3 2022, worth a combined $189M — down 6.7% from $203M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of BH and 3 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 15 added.

The largest buyer was Dimensional Fund Advisors, adding an estimated $192K. The largest seller was Two Sigma Advisers, cutting an estimated $276K.

  • 56 institutional investors held Biglari Holdings Class B (BH) as of Q3 2022, down from 63 in Q2 2022.
  • Funds reported $189M of Biglari Holdings Class B stock for Q3 2022, down 6.7% quarter-over-quarter.
  • 3 funds opened new Biglari Holdings Class B positions in Q3 2022 and 9 closed out, a net change of -6 holders.
  • The largest Biglari Holdings Class B buyer in Q3 2022 was Dimensional Fund Advisors, an estimated $192K added.
  • The largest Biglari Holdings Class B seller in Q3 2022 was Two Sigma Advisers, an estimated $276K sold.

Based on aggregated 13F filings for Q3 2022.